From what I've seen (and I'm sure some of this is incorrect or incomplete)...

It is an alternate cryptocurrency which started from a slightly different philosophical platform than bitcoin. Unfortunately, in addressing some of the issues (real or perceived) with bitcoin, it managed to introduce some new issues which had already been solved.

When these issues were pointed out to the developer/creator, he became defensive, belligerent, offensive, and combative. So much so, in fact, that the solidcoin mining pool at btcguild was shut down by that site's administrators. Sometime around this point, someone attacked the currency (a 51% attack I think?). Mining was stopped, the chain was rolled back, the code was magically reformulated (it's magic, at least until the source code is released), and about a month later (just in the last few days, actually) was relaunched as "SolidCoin 2.0!"

I'm sure there were a few people like me who tried mining of the 'new' solidcoin for a day or so to see how quickly they could generate some coins, but it looks like most people are working hard to either (a) get the hell out and divest themselves of everything solidcoin-related, or (b) trading frantically, trying to make a bit of cash as a cryptocurrency day trader.

In summary, SolidCoin 2.0 is another flawed cryptocurrency with some interesting ideas, but doomed to failure mostly because of the overwhelming arrogance of the lead developer.

I wouldn't invest in any alternate currency, except Namecoins.Due to merged mining, the chain is "futureproof".And it has still a good value.

Due to merged mining a lot of people who don't need them get extra NMC, so they are dumping them. Before only people who wanted NMC bought them or mined them. I think that's not really positive for the price.

You could invest the BTC in TBX, the price is quite low now, good time to buy!

Price is low cause no one wants to buy and those who had alot just dumped all their tbx into the bid orders.

The end.

As per usual with the scam chains when the gig is up the mass dump happens and actually as scamcoins go tbx is a hell of a bargain compared to SC 2.0 in that category as it has a diff of .16 vs 20K plus so a factor of 62500 less difficult taking into account the /2 for the diff 1 every other block to mine as compared to going for just over half the SC 2.0 price. So on that alone the tbx people are making boat loads more per hash effort compared to SC 2.0.

You could invest the BTC in TBX, the price is quite low now, good time to buy!

Price is low cause no one wants to buy and those who had alot just dumped all their tbx into the bid orders.

The end.

As per usual with the scam chains when the gig is up the mass dump happens and actually as scamcoins go tbx is a hell of a bargain compared to SC 2.0 in that category as it has a diff of .16 vs 20K plus so a factor of 62500 less difficult taking into account the /2 for the diff 1 every other block to mine as compared to going for just over half the SC 2.0 price. So on that alone the tbx people are making boat loads more per hash effort compared to SC 2.0.

Eh no. I think RS just adjusted the SC2 difficulty calculation to show some normal numbers, much more readable than this 0.0... of TBX.

BTC-E is already exchanging for USD, they've moved about $20 USD in the past 24 hours....

Is there another?

I think CryptoXchange will be exchanging SC.

And if they don't have enough sense to do a little background on how SC+Exchanges have worked out in the past, there is no way in hell I'm depositing anything there.

Or they are aware and have been fed propaganda by SC sentinels, in which they're displaying spectacularly poor decision making skills... which leads me back to there's no way in hell I'm depositing anything there.

Further, w/o a source for SC 2.0, I think it's extremely foolish to offer to exchange SC, seeing as how we don't even know what it really is. So far we only have CH's word on how stuff works. Apparantly that's enough to get convince CryptoXchange to accept your *coin.

Or they are aware and have been fed propaganda by SC sentinels, in which they're displaying spectacularly poor decision making skills... which leads me back to there's no way in hell I'm depositing anything there.

I personally would stay away from them https://bitcointalk.org/index.php?topic=43908.0

But I just lost Bitcoin to this https://bitcointalk.org/index.php?topic=47325.0 , so what do I know :D

Basically the "Big Victory" on the 17th is the Re Re - Announce of CryptoXchange LOL

No.

https://bitcointalk.org/index.php?topic=47357.msg563897#msg563897

"Haven't tried the 51% attack yet and furthermore it will be a re-org attack. I want determine how CH remotely has control over the clients first. The agreed upon time frame was him releasing the client before OCT 10 and me killing it before OCT 17."

What I still can't wrap my head around is why CryptoX would put so much risk on the line supporting SC 2.0 out of the gate.

Regardless of pro/anti SC, it's fact that SC has had a horrible history with exchanges and exchange operators. The chain has only been 'alive' since Aug 20 - and it's already been taken down. And now the new chain is centralized.

Why CrytpoX would subject it's users and it's reputation to a *coin with such a suspicious past is beyond me. The only thing I can imagine is that CryptoX has some kind of incentive to support SC. I wonder what that incentive is and where it's coming from, and why it hasn't been disclosed.

If there is a personal connection between CH and CryptoXchange I will find it. Cryptoxchange is a proper registered business and will have an e-trail to follow. Colin and Ken Armitt are real people with real histories.

We will know soon enough.

There are many trails regarding that site to just be curious about imo. My only issues are people controlling media sites that have any affiliation with, well anything. Like The Founder / Flexcoin, I know he is proud of controlling some media sites along with his Bitcoin bank, good for him I guess.

Extra stuff, David Hollis is associated with CryptoxChange http://www.linkedin.com/pub/david-hollis/3b/6a3/880 based on the CryptoxChange posterous site http://posterous.com/users/hgzRN2wwy3tPQ#activities/page/1

Posterous is the site that hosts BitcoinMedia.com along with IXCoins.com. Before anyone makes too many connections or anything with this, posterous is nothing more than a Wordpress or tumblr back end, except with way less features.

Where is noagendamarket https://bitcointalk.org/index.php?topic=41314.20 ?

What I still can't wrap my head around is why CryptoX would put so much risk on the line supporting SC 2.0 out of the gate.

Regardless of pro/anti SC, it's fact that SC has had a horrible history with exchanges and exchange operators. The chain has only been 'alive' since Aug 20 - and it's already been taken down. And now the new chain is centralized.

Why CrytpoX would subject it's users and it's reputation to a *coin with such a suspicious past is beyond me. The only thing I can imagine is that CryptoX has some kind of incentive to support SC. I wonder what that incentive is and where it's coming from, and why it hasn't been disclosed.

Well the little troll chimed in to say he was talking about BCX with that reference to the date so who know he may actually be telling the truth for once and I jumped the gun on making the Aussie exchange opens that day supposedly CH is Aussie and connecting them together.

Well, I did see CrytpoX in #solidcoin just the other day. That's how I drew the conclusion.

If there is a personal connection between CH and CryptoXchange I will find it. Cryptoxchange is a proper registered business and will have an e-trail to follow. Colin and Ken Armitt are real people with real histories.

We will know soon enough.

There actually isn't a registration record for Cryptoxchange, although the parent company - Kenseycol Pty Ltd - was registered in 2009.

If there is a personal connection between CH and CryptoXchange I will find it. Cryptoxchange is a proper registered business and will have an e-trail to follow. Colin and Ken Armitt are real people with real histories.

We will know soon enough.

There actually isn't a registration record for Cryptoxchange, although the parent company - Kenseycol Pty Ltd - was registered in 2009.

Look again. Ken added Crypto X change to his company as a separate entity not long ago.http://www.search.asic.gov.au/cgi-bin/gns030c?state_number=BN98597140&juris=2&hdtext=NSW&srchsrc=1

There has been no official announcement that cryptoxchange will accept solidcoin. Ken Armitt is a successful company owner and we have no idea who coinhunter/RealSolid is,just that he says he is Aussie. Ken and I are also Aussies which is why people jump to conclusions I guess ?

Crypto X Change has no association with either solidcoin or RS and neither do I. The alt chains have become a toxic environment best avoided. I still own a few sc though so thats my only contact with solidcoin and alt chains but litecoin seems to have a shot and community support so I might get some of those soon.

I doubt a legitimate exchange will risk supporting any of the alt chains untill they are securely established. Possibly only namecoin is the qualifying one at this moment. That has to do with the security of their blockchains and other technical matters, including the community behind them.

I still own a few sc though so thats my only contact with solidcoin and alt chains but litecoin seems to have a shot and community support so I might get some of those soon.

Good decision to move into alternative coins cautiously, I think people are still just wanting more trustworthy BTC/$$$ exchanges first.

I'll send you a Litecoin so you have something in your wallet if or when you get started up. I am just an observer myself, but it is the first coin I have mined a bit for, just PM me your addy if you get one.

I still own a few sc though so thats my only contact with solidcoin and alt chains but litecoin seems to have a shot and community support so I might get some of those soon.

Good decision to move into alternative coins cautiously, I think people are still just wanting more trustworthy BTC/$$$ exchanges first.

I'll send you a Litecoin so you have something in your wallet if or when you get started up. I am just an observer myself, but it is the first coin I have mined a bit for, just PM me your addy if you get one.

Here is the response to some questions I asked Cryptoexchange. Call it a Hunch, Paranoia or whatever but I am still not buying there is no collusion. Cryptoexchange made an announce to launch then pulled off simultaneously with Coinhunter pulling Solidcoin 1.0. In addition there is a lot of similar "design styling" between sites designed by another company of Cryptoxchange and Solidcoin.info.

+1

The wording of their hype is too similar (Grand claims w/o any proof)The tone of their representatives is too similarTheir evasiveness of answering questions is too similar

Basically the "Big Victory" on the 17th is the Re Re - Announce of CryptoXchange LOL

No, the big victory of solidcoin on the 17th will be to show everybody that YOU are full of shit.Not that it's big news, because everybody here KNOWS you are really full of shit.Even the dudes that defend you know you are full of shit.

Don't sweat it fucknut, I know there are currently 5 Trusted Nodes online (This should shock the shit out of CH) and I have found three so far. As soon as I locate the other two, I'll activate Coinhunters "Kill Switch" for him. Hint: The Trusted Nodes communicate with the clients every time they exercise control leaving a direct trackback to them.

Besides Solidcoin was hit hard on launch and it is already DOA on arrival By CH's "bait and switch" bullshit announcing 13 million premined coins after launch.

Most people don't like that kind of trickery;D ;D ;D

Ok, so when will you hack SC2 and kill the chain? Just give as a date, better to create some facts ;D

Ok, so when will you hack SC2 and kill the chain? Just give as a date, better to create some facts ;D

Network was already supposed to come to a grinding halt hours ago.... the difficulty is barely changing now.... guess he was blowing a lot of smoke again, no?....

Yeah, the difficulty is barely changing...

Yet, the block generation only at ~67% of where it should be.

I remember seeing CH say that the "ideal" block generation time is 120s, but the "probable" generation time is 90s. I'm not sure why there's a difference, but based on the last 21 blocks found by Coinotron, the block generation time is 84.45s.

Technically, it doesn't prove anything. I don't find the story believable, but it is possible that the hash rate was really caused by massive interest in SolidCoin. It could also be caused by CH having two options on his master client for "next difficulty increase" and "actual mining difficulty". Neither you nor CH have given us any empirical evidence to work with.

Ok, so when will you hack SC2 and kill the chain? Just give as a date, better to create some facts ;D

Network was already supposed to come to a grinding halt hours ago.... the difficulty is barely changing now.... guess he was blowing a lot of smoke again, no?....

Yeah, the difficulty is barely changing...

Yet, the block generation only at ~67% of where it should be.

Kinda makes sense, that being I was about 35% of total network rate when I dropped off. Early on I was over 80%.

Pics or it didn't happen... Full of shit, that's what you are lol

Hey Dumbass,posted hash rate over the life of SC is better than pics.

Imaginary hash rate?

I say the numbers you state are completely false, because I am the one who controls 69% of Solidcoin hash rate. And I stated it here, so, it is true like you all can see, hence turning the numbers BCEX gave completely false, because nobody can have more than 31% of the hashrate, given that I control 69%.

There was a time when people discussed owning bitcoins in this nature... oh wait that was my boss today at work amazed I'm still messing with "bitcoins" as I was excitedly mentioning that they are worth over $6 again.

There was a time when people discussed owning bitcoins in this nature... oh wait that was my boss today at work amazed I'm still messing with "bitcoins" as I was excitedly mentioning that they are worth over $6 again.